Energy News
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Sinai has huge oil reserves, Petroleum minister announces
Egypt has huge oil reserves in the Sinai Peninsula, Minister of Petroleum and Mineral Resources in Egypt Tarek al-Mulla announced.
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Chevron seeks drilling ship to expand East Med gas search
"The Eastern Mediterranean has abundant energy resources and the potential to enhance energy security regionally and internationally."
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Egypt to officially launch Sustainable Debt Alliance by September
Maait revealed that 20 countries are willing to join the debt-for-climate swap initiative.
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Egypt's Affirms Support for Efforts to Develop OAPEC Work Mechanisms
The Conference is expected to be held in the Qatari capital, Doha, during the period December 11-12.
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Egypt's gold market resists global price decline with unwarranted increase
The Egyptian Gold and Jewellery Trade Division (EGAJTD) said Egypt's gold market is experiencing an unwarranted increase of 2 percent.
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Who Is Controlling Gold Price Movements in Egypt?
He added that 24k gold reached 2685EGP, 18k sold at 2015EGP, 14k at 1567EGP, and gold pound at 18800EGP.
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Petroleum min discusses preparations for 12th Arab energy conf
The 12th Arab Energy Conference, which is scheduled to be held in Doha, Qatar, during December 11-12, 2023.
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EGYPT: Three waste recycling plants to be built in the Suez Canal
The Suez Canal Economic Zone (SCZone) in Egypt is making progress in implementing its sustainability policy.
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PROJECTS: 'Egypt is keen to involve the private sector in executing its ambitious water resources strategy'
Metito is keen to capitalise on the opportunities arising from the government's water resources and infrastructure development plan, Kareem Madwar.
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PM meets with petroleum minister
Prime Minister Mostafa Madbouli met Saturday with Minister of Petroleum and Mineral Resources Tariq Al-Mulla to review projects.
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Egypt among top gold production countries in Africa
The African continent represents about 27.4% of the total global production of gold, amounting to nearly three thousand tons annually.
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FRA issues regulations for investment funds in minerals
The investment manager is obligated to deal in buying and selling minerals through the entities registered in the register.
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The future of Egypt is: Decarbonized
In this report from Egypt Oil and Gas in cooperation with the Ministry of Petroleum and Mineral resources we see the efforts towards decarbonization.
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Petroleum Ministry Adopts Plan to Increase Oil Production from Sinai, Eastern, Western Deserts
The results of the current procedures improve the efficiency of operations and joint coordination with a number of production companies.
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Ascom’s consolidated losses down 5% YoY in 2022: Egypt
The company is engaged in geological exploration, mining and quarrying of raw materials, and developing mining operations.
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Egyptian Resorts Company to build 50-MVA solar plant in Sahl Hasheesh
The plant will have a capacity of up to 50 megavolt amperes (MVAs) and a total of 10 million kilowatt hours (kWhs) a year.
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Developing countries, including Egypt, have to cut oil subsidies: IMF
Egypt targets a primary surplus of 2.1 per cent of GDP in FY 2023/2024 and 2.3 percent of GDP in FY 2024/2025 and FY 2025/26.
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Egypt's Climate Pioneer emphasizes the financial burden on developing countries
The poorest countries pay the greatest financial cost to protect themselves against the phenomenon and find solutions.
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Egypt, AFD ink document on TFSC Egypt project
The project is carried out in coordination between the environment affairs authority, the Foreign Ministry and the UNDP with a €1.5 million grant.
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Climate investment unit launched at environment ministry
The unit also aims to promote investment in waste recycling and environment tourism, the minister said during her speech at the Senate.